Layoffs at entertainment partners: Dozens cut at residue distribution company

EXCLUSIVE: THE business that cuts A plot of Hollywood residual checks cut dozens And dozens of employees This week.

Entertainment The partners laid disabled around 70 people In THE pass week, I hear.

Hit by THE economic slow-down beat THE entire industry due has THE lack of A agreement between THE studios And striking guilds, THE Brand Directed by Goldstein EP could be look has even more layoffs down THE double, sources said. "THE path things are It is dead out there For THE business RIGHT NOW," A initiated tell Deadline.

Contacted by Deadline on THE job cuts, Entertainment The partners did not answer has request For comment. If And When they TO DO, This job will be updated.

Base In Burbank, And with desks In New York, Vancouver, Toronto, Atlanta, San Juan, New Orleans, The ace Cruces, New Mexico And Altrincham In THE UNITED KINGDOM, he East not clear RIGHT NOW if THE EP pink slip was concentrate In THERE County Or propagated out through THE nation And world. Shape In 1976, EP offers workshops, steamboats And others In THE industry A variety of services beyond residue distribution. Production finance, tax incentives management, pay And budgeting work are Also available — not that there East a lot need For them lately.

THE layoffs has Entertainment The partners come In THE bigger context of THE double WGA And SAG-AFTRA strikes that to have close down Hollywood on THE pass several month. With almost zero production, workshops, agencies And others to have has been rental people go And third party sellers through THE advice to have Since A obvious significant drop In business Since THE early Can When THE scribes First of all hit THE picket lines.

He East estimated that on Day 137 of THE WGA strikes that THERE County has taken A economic hit of almost $5 billion. THE actors' union, SAG-AFTRA has has been on strike 64 days SO far. This East THE First of all time Since 1960, When Ronald Reagan ran SAGING, that both THE writers And THE actors to have has been on strike. While No obvious END appears In view has THE dead end, THE WGA And THE studios And banners are supposedly trying has nail down A date And time following week has to try once Again has TO DO A new Three years affair.

Due has THE the company widespread to use as A third to party supplier For residue payments, Entertainment The partners has find himself In recent days implied In A dispute on THE Payments. HAS that END, THE WGA has open investigations on both ribs After A number of scribes reported delayed Or lighter that usual checks For their legacy media shows.

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